Business

One expert says the result of Russian President Putin’s actions could be ‘thoroughly devastating’ to aviation.

Dozens of aviation-related companies have either scaled back or ceased operations there in light of attack on Ukraine.

Oil refining company Neste will provide logistics provider DHL with approximately 105 million gallons of Neste’s MY Sustainable Aviation Fuel during the next five years under an agreement announced Monday. 

The software matches people who need aircraft maintenance and repairs with the right service provider for them.

CAE, Honeywell, and Raytheon are the latest providers who have joined the growing movement.

Who’s on the no-fly list? How hard is it to repossess an aircraft?

Company said its active membership grew 31 percent in the final quarter of 2021.

Deal worth $855 million should close in the second quarter of this year.

Editor’s Note: This article originally appeared on FreightWaves.com. Airspace restrictions from the economic war between the West and Russia over the invasion of Ukraine is adding logistical complexity and cost for the air cargo sector and passenger airlines still coping with COVID-related ups and downs in business activity. The conflict is also driving up the […]

The economic sanctions imposed last week on Russia by the U.S. and its allies can put some members of the business aviation community in a tough spot.  In its statement announcing the sanctions, the White House said they include “sweeping financial sanctions and stringent export controls that will have a profound impact on Russia’s economy, […]